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Michael Bigger is an investor and a trader who has been involved with trading technologies for more than twenty years. In 1992, Michael joined Citibank as head trader of U.S. single-stock derivatives, where he managed a $5 billion portfolio of equity derivatives. In 1998, he joined D.E. Shaw & Co., L.P. to trade the U.S. equity derivatives portfolio. (More)

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    « How to Make Money Trading Spreads | Main | Align Technology In Play Spread »
    Friday
    Dec072012

    Two Things I Like About The Avon Spread

    DateFriday, December 7, 2012 at 12:50PM | by AuthorMichael Bigger | CommentPost a Comment

    I like the amount of potential energy embedded in the 1 * $SPY - 4 * $AVP spread. I also like the $AVP stock price spike that happened this morning.

    I am thinking we are about to get a good run in this situation. I am short the spread (short SPY, long AVP) and I am also long the stock outright.

    Do you like this spread?

    Written by Michael Bigger. Follow me on Twitter and StockTwits.

     

     

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    • Response
      Response: Druk Katalogów
      at Druk Katalogów on December 13, 2012
      - Trading - Two Things I Like About The Avon Spread

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